HomeReal Estate & DevelopmentHudson Atlantic Realty finishes 2022 strong with $293M+ in closed deals in...

Hudson Atlantic Realty finishes 2022 strong with $293M+ in closed deals in its 1st year

Hudson Atlantic Realty said 2022 was a huge success, as the brokerage closed more than $293 million in deals. The year included 1,300-plus apartments in 18 separate transactions — Hudson Atlantic established itself as a force in the commercial real estate market.

According to the firm, these impressive results in its first full year of operation are a direct result of its market intelligence, deep relationships within the investment community and unparalleled deal making skills.

Adam Zweibel, managing partner, explained: “Our success comes from crafting a targeted marketing plan, which controls exposure and maximizes results by identifying the optimal buyer pool for a property based upon their investment criteria and deal history.”

Jeffrey Otteau, the firm’s managing broker, added: “These results demonstrate that investors continue to seek out quality assets in desirable locations despite the current high interest rate environment.”

Looking ahead, 2023 looks to be even stronger, with a deal pipeline of $150 million in additional sales scheduled to close in the first quarter.

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